[单选题]

Molly Burnett, CFA, is a portfolio manager for a fund that only invests in environmentally friendly companies. A multinational utility company recently acquired one of the fund's best-performing investments, a wind power company. The wind power company's shareholders received utility company shares as part of the merger agreement. The utility has one of the worst environmental records in the industry, but its shares have been one of the top performers over the past 12 months. Because the utility pays a high dividend every three months, Burnett holds the utility shares until the remaining two dividends are paid for the year then sells the shares. Burnett most likely violated the CFA Institute Standard of Professional Conduct concerning:

A.Disclosure of Conflicts.

B.Suitability.

C.Independence and Objectivity.

参考答案与解析:

相关试题

Molly Burnett, CFA, is a portfolio manager for a fund that only invests in environmentally friendly

[单选题]Molly Burnett, CFA, is a portfolio manager for a fund that only invests in

  • 查看答案
  • Gloria Brown, CFA, is the founder and portfolio manager of the Everglades Fund. In its first year th

    [单选题]Gloria Brown, CFA, is the founder and portfolio manager of the Everglades F

  • 查看答案
  • Zhang Min, CFA, a portfolio manager managing an index fund in a large asset management company. What

    [单选题]Zhang Min, CFA, a portfolio manager managing an index fund in a large asset

  • 查看答案
  • Judy Blush is a CFA candidate and is recommending the purchase of a mutual fund that invests solely

    [单选题]Judy Blush is a CFA candidate and is recommending the purchase of a mutual

  • 查看答案
  • A portfolio manager estimates the probabilities of the following events for a mutual fund:<br /&g

    [单选题]A portfolio manager estimates the probabilities of the following events for

  • 查看答案
  • Jefferson Piedmont, CFA, a portfolio manager for Park Investments, plans to manage the portfolios of

    [单选题]Jefferson Piedmont, CFA, a portfolio manager for Park Investments, plans to

  • 查看答案
  • An equity fund manager is considering a market index as benchmark for his portfolio and he has the f

    [单选题]An equity fund manager is considering a market index as benchmark for his p

  • 查看答案
  • ZhongYi Xie, CFA, a portfolio manager for PIA Investments, plans to manage the portfolios of several

    [单选题]ZhongYi Xie, CFA, a portfolio manager for PIA Investments, plans to manage

  • 查看答案
  • Robert Miguel, CFA, is a portfolio manager for a large investment advisory firm. In appreciation of

    [单选题]Robert Miguel, CFA, is a portfolio manager for a large investment advisory

  • 查看答案
  • David Jordan, a level III candidate in the CFA program, is a portfolio manager with Golson Investmen

    [单选题]David Jordan, a level III candidate in the CFA program, is a portfolio mana

  • 查看答案
  • Molly Burnett, CFA, is a portfolio manager for a fund that only invests in environmentally friendly